A thorough understanding of how to manage a turnaround as it progresses through the natural turnaround stages - situation assessment, emergency management, restructuring, and recovery.

The rigorous application of a best practice turnaround plan to manage, stabilise, fund and fix the distressed company in strategic, organisational and operational terms.

As a turnaround management consulting firm we use state-of-the-art tools and methodologies to assess turnaround situations, to devise turnaround strategy, and to manage execution of the turnaround plan in a rapid and efficient manner.

Our approach to turnaround management has been honed through practical application over many years.

In our pursuit of remaining at the cutting edge and to establish best practice in turnaround management, we continually research developments in turnaround practice, and study lessons learnt from turnarounds around the world.

Turnaround management as an art

While the science of turnaround management is necessary, it is not sufficient. Although taking place within a scientific framework, turnaround management remains an art.

The art of turnaround management is vested in insight and judgemental gained through experience.

The stakes in turnaround management are big. The turnaround situation has many dimensions. The time pressure can be immense. Many stakeholders are involved. Angry creditors, frightened employees, wary customers and a nervous board of directors all require equitable treatment. Prudent choices must be made.

No amount of schooling, study and theory can replace the judgment calls made by seasoned turnaround practitioners who has been through the grindstone before.